Borrowing Base Certificates. Within thirty (30) days of the end of each month, a Borrowing Base Certificate dated as of the end of such month and executed by a Responsible Officer of the Company on behalf of the Company; provided: (i) the Company may deliver a Borrowing Base Certificate more frequently if it chooses and (ii) at any time an Event of Default exists, the Agent may require the Company to deliver Borrowing Base Certificates more frequently.
Appears in 3 contracts
Samples: Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc)
Borrowing Base Certificates. Within thirty (30) 30 days of the end of each month, a Borrowing Base Certificate dated as of the end of such month and executed by a Responsible Officer the Chief Financial Officer, the Corporate Controller or the Corporate Secretary of the Company on behalf of the Company; provided: Company (provided that (i) the Company may deliver a Borrowing Base Certificate more frequently if it chooses and (ii) at any time the Excess Availability under the Revolving Loans is less than Three Million Dollars ($3,000,000) or at any time an Event of Default exists, the Agent or the Required Banks may require the Company to deliver Borrowing Base Certificates more frequently).
Appears in 3 contracts
Samples: Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp), Credit Agreement (Nashua Corp)
Borrowing Base Certificates. Within thirty (30) 10 days of the end of each month, a Borrowing Base Certificate dated as of the end of such month (and, from time to time as the Agent may request, a Borrowing Base Certificate dated as of a date after the date of such request) and executed by a Responsible Officer the chief financial officer or the treasurer of the Company on behalf of the Company; provided: Company (provided that (i) the Company may deliver a Borrowing Base Certificate more frequently if it chooses and (ii) at any time an Event of Default exists, the Agent may require the Company to deliver Borrowing Base Certificates more frequently).
Appears in 2 contracts
Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)
Borrowing Base Certificates. Within thirty (30) days of the end of each month, a Borrowing Base Certificate dated as of the end of such month and executed by a Responsible Senior Officer of the Company on behalf of the Company; provided: Company (iprovided that (a) the Company may deliver a Borrowing Base Certificate more frequently if it chooses and (iib) at any time an Event of Default exists, the Agent Lender may require the Company to deliver Borrowing Base Certificates more frequently).
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Borrowing Base Certificates. Within thirty (30) days of the end of each monthFiscal Quarter, a Borrowing Base Certificate dated as of the end of such month Fiscal Quarter and executed by a Responsible Senior Officer of the Company on behalf of the Company; provided: Company (iprovided that (a) the Company may shall deliver a Borrowing Base Certificate more frequently within twenty-five (25) days after the end of each calendar month if it chooses during such month the average daily balance of the Revolving Outstandings exceeded $75,000,000; and (iib) at any time an Event of Default exists, the Administrative Agent may require the Company to deliver Borrowing Base Certificates more frequentlyfrequently than quarterly).
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